Banks in Q3: the winners and losers

By

Harry Wilson and

Lauren Willington

November 12, 2009 Updated: March 4, 2010 8:54 p.m. GMT

The third quarter broadly displayed a slowdown in investment banking revenues across the board compared to the second quarter; however, some banks were able to buck the trend, while others underperformed.

Figures from Morgan Stanley's latest report on the investment banking industry show that investment banking advisory divisions reported an overall fall in revenues for the third quarter of 11%, while equity businesses saw a 9% fall...